Even as they struggle with one of the world’s worst Covid-19 outbreaks, nations across Southeast Asia are slowly realising that they can no longer afford the economy-crippling restrictions needed to squash it. On the factory floors of Vietnam and Malaysia, in the barbershops of Manila or office towers of Singapore, regulators are pushing forward with […]
Read MoreSKILLS transfers from foreigners to Singaporeans should be publicly tracked, while a new type of fixed-term work pass could be introduced to promote skills transfers, Workers’ Party (WP) Member of Parliament and Leader of the Opposition Pritam Singh said in Parliament on Tuesday. During the debate on two motions relating to jobs and foreign worker […]
Read MoreVietnam’s strong fundamentals remain and the country has built an enviable position in the global supply chain over the past years through its set of FTAs. Vietnam’s GDP growth is expected to be in the range of 5-5.5% this year, depending on the speed and effectiveness of the vaccine rollout, the re-opening of the economy, […]
Read MoreMANILA, Philippines — Pre-election tensions may derail policymaking and reforms, further hampering the country’s recovery from the pandemic-induced recession, according to Fitch Solutions Country Risk & Industry Research. In a commentary titled “Philippines’ Political Jostling Ahead of 2022 Elections A Threat To Policymaking,” Fitch Solutions said it has lowered the Philippines’ short-term political risk index […]
Read MoreThe General Department of Customs and Excise earned $1.5 billion as revenue in the first eight months this year, representing 64.2 percent of yearly plan. The figures were shared by Kun Nhim, Director General of Customs and Excise in a recent virtual conference on vehicle import duty. Imports of cars, machinery, motorcycles and other vehicles […]
Read MoreKUALA LUMPUR: Malaysia’s cabinet has proposed raising the government’s statutory debt ceiling to 65% of gross domestic product, as part of measures to deal with the economic fallout of the Covid-19 pandemic, the finance minister said on Tuesday. This is the second time in as many years that the government has sought to raise its […]
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Thailand
